Plan Ledger DOL Form 5500 · updated monthly

Harlem Rbi403(b)

403(B) RETIREMENT PLAN FOR HARLEM RBI · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Harlem Rbi reported $30,348 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $2,417 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.49% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,270th of 5,648), and 2,415th of 3,091 in educational services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 99 to 112 since 2022.

Plan summary
Net assets, end of year$6,081,668
Participants with balances115
Active participants112
Employer contributions$270,650
Employee contributions$497,570
Employer contribution per active participant$2,417
Average account balance$52,884
Benefits paid to participants$401,612
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 115 accts · $271K emplr
2023$5.1M · 119 accts · $215K emplr
2022$4.1M · 126 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,098
Total administrative$30,348
Employer contributions to the Harlem Rbi plan · 2024
Employer contribution per active participant$2,417
Median for plans this size$1,313
2024$2,417 per active participant
2023$999 per active participant
2022$2,225 per active participant

Harlem Rbi's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
WELLS FARGO CLEARING SERVICES, LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$30,348 · 0.54%
2023$23,129 · 0.50%
2022$20,362 · 0.49%
Similar plansEducational Services · New York
Five Towns College NY$6.4M · 0.38%
Girls Who Code, Inc NY$6.3M · 0.18%
Police Athletic League NY$6.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134025290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.